Sound Group Inc. (SOGP) Income Statement
SOGP 2025 at a glance
Fiscal year ended December 31, 2025 · Chinese yuanSOGP revenue and net income
Where SOGP's revenue goes
2025Each bar shows an amount and its share of revenue. SOGP kept 7.3% of revenue as net income.
SOGP profit margins
SOGP growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +48.5% | +11.4% | +15.0% | — |
| Gross profit | +58.1% | +7.1% | +19.0% | — |
| Operating income | — | +46.9% | — | — |
| Net income | — | +36.6% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SOGP income statement in Chinese yuan
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥3.02B | CN¥2.03B | CN¥2.07B | CN¥2.19B | CN¥2.12B | CN¥1.50B | CN¥1.18B | CN¥798.6M | CN¥453.5M |
| Cost of revenue | CN¥2.14B | CN¥1.47B | CN¥1.49B | CN¥1.47B | CN¥1.50B | CN¥1.13B | CN¥910.2M | CN¥565.6M | CN¥330.8M |
| Gross profit | CN¥880.5M | CN¥556.9M | CN¥585.4M | CN¥716.3M | CN¥617.0M | CN¥368.2M | CN¥270.4M | CN¥232.9M | CN¥122.7M |
| Research & development | CN¥233.7M | CN¥232.7M | CN¥301.5M | CN¥283.3M | CN¥264.7M | CN¥225.3M | CN¥158.0M | CN¥83.2M | CN¥43.2M |
| Sales, general & admin | CN¥447.9M | CN¥413.9M | CN¥431.6M | CN¥366.3M | CN¥490.8M | CN¥231.6M | CN¥45.7M | CN¥161.7M | CN¥229.4M |
| Total operating expenses | CN¥669.4M | CN¥646.6M | CN¥2.21B | CN¥649.7M | CN¥755.5M | CN¥456.9M | CN¥402.8M | CN¥241.3M | CN¥270.6M |
| Operating income | CN¥211.1M | −CN¥89.7M | −CN¥138.3M | CN¥66.7M | −CN¥138.5M | −CN¥88.7M | −CN¥132.4M | −CN¥8.4M | −CN¥147.9M |
| Interest income | CN¥7.3M | CN¥10.0M | CN¥10.8M | CN¥7.3M | CN¥2.3M | — | — | — | — |
| Interest expense | CN¥27,237 | CN¥416,000 | CN¥1.6M | CN¥2.5M | CN¥2.9M | CN¥1.8M | CN¥256,584 | CN¥187,602 | CN¥2.0M |
| Income before taxes | CN¥217.3M | −CN¥77.7M | −CN¥134.1M | CN¥86.7M | −CN¥126.9M | −CN¥81.2M | −CN¥133.0M | −CN¥9.3M | −CN¥153.7M |
| Income taxes | CN¥2.7M | CN¥3.3M | — | CN¥207,000 | CN¥376,000 | CN¥999,000 | CN¥4 | CN¥1 | — |
| Net income | CN¥220.3M | −CN¥69.6M | −CN¥126.7M | CN¥86.5M | −CN¥127.2M | −CN¥82.2M | −CN¥133.0M | −CN¥9.3M | −CN¥153.7M |
| EBITDA | CN¥233.4M | −CN¥48.5M | −CN¥101.4M | CN¥123.0M | −CN¥92.7M | −CN¥48.0M | −CN¥119.8M | CN¥1.4M | −CN¥142.0M |
| Gross margin | 29.2% | 27.4% | 28.3% | 32.8% | 29.1% | 24.5% | 22.9% | 29.2% | 27.1% |
| Operating margin | 7.0% | −4.4% | −6.7% | 3.1% | −6.5% | −5.9% | −11.2% | −1.0% | −32.6% |
| Net margin | 7.3% | −3.4% | −6.1% | 4.0% | −6.0% | −5.5% | −11.3% | −1.2% | −33.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Sep '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | Jun '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥845.3M | CN¥845.3M | CN¥443.7M | CN¥872.5M | CN¥422.8M | CN¥422.8M | CN¥425.1M | CN¥592.9M | CN¥631.0M | CN¥587.6M | CN¥565.2M | CN¥515.7M |
| Cost of revenue | CN¥587.3M | CN¥587.3M | CN¥314.3M | CN¥616.0M | CN¥316.1M | CN¥316.1M | CN¥317.3M | CN¥418.4M | CN¥434.6M | CN¥404.1M | CN¥376.2M | CN¥340.1M |
| Gross profit | CN¥258.1M | CN¥258.1M | CN¥129.4M | CN¥256.6M | CN¥106.7M | CN¥106.7M | CN¥107.8M | CN¥174.4M | CN¥196.4M | CN¥183.6M | CN¥189.1M | CN¥175.6M |
| Research & development | CN¥63.6M | CN¥63.6M | CN¥34.4M | CN¥59.4M | CN¥70.6M | CN¥70.6M | CN¥83.8M | CN¥75.2M | CN¥71.9M | CN¥63.7M | CN¥78.3M | CN¥70.3M |
| Sales, general & admin | CN¥135.1M | CN¥135.1M | CN¥64.1M | CN¥120.2M | CN¥174.1M | CN¥174.1M | CN¥84.2M | CN¥91.5M | CN¥81.8M | CN¥94.4M | CN¥98.3M | CN¥91.3M |
| Total operating expenses | CN¥198.7M | CN¥198.7M | CN¥98.4M | CN¥179.6M | CN¥244.7M | CN¥558.9M | CN¥167.9M | CN¥166.6M | CN¥153.7M | CN¥158.1M | CN¥176.6M | CN¥161.6M |
| Operating income | CN¥59.4M | CN¥59.4M | CN¥31.0M | CN¥76.9M | −CN¥138.0M | −CN¥136.1M | −CN¥60.1M | CN¥7.8M | CN¥42.7M | CN¥25.5M | CN¥12.5M | CN¥14.1M |
| Interest income | — | — | — | — | — | CN¥2.5M | CN¥2.1M | CN¥2.1M | CN¥1.0M | — | CN¥2.2M | CN¥2.2M |
| Interest expense | — | — | CN¥4,000 | — | CN¥100,000 | CN¥100,000 | CN¥70,000 | CN¥70,000 | CN¥495,727 | CN¥525,921 | CN¥468,000 | CN¥468,000 |
| Income before taxes | CN¥60.6M | CN¥60.6M | CN¥31.9M | CN¥77.3M | −CN¥132.5M | −CN¥132.5M | −CN¥62.0M | CN¥12.0M | CN¥48.4M | CN¥31.5M | CN¥19.8M | CN¥18.9M |
| Income taxes | CN¥334,500 | CN¥334,500 | CN¥398,000 | CN¥811,500 | −CN¥66,000 | — | CN¥37,000 | CN¥424,000 | CN¥39,000 | CN¥103,000 | −CN¥146 | CN¥61,000 |
| Net income | CN¥61.8M | CN¥61.8M | CN¥32.4M | CN¥78.0M | −CN¥129.3M | −CN¥129.3M | −CN¥59.9M | CN¥13.2M | CN¥49.4M | CN¥31.4M | CN¥19.8M | CN¥18.8M |
| EBITDA | CN¥61.3M | CN¥61.3M | CN¥33.9M | CN¥79.8M | −CN¥132.4M | — | −CN¥61.9M | CN¥9.8M | CN¥45.9M | CN¥28.9M | CN¥20.3M | CN¥18.2M |
| Gross margin | 30.5% | 30.5% | 29.2% | 29.4% | 25.2% | 25.2% | 25.4% | 29.4% | 31.1% | 31.2% | 33.5% | 34.1% |
| Operating margin | 7.0% | 7.0% | 7.0% | 8.8% | −32.6% | −32.2% | −14.1% | 1.3% | 6.8% | 4.3% | 2.2% | 2.7% |
| Net margin | 7.3% | 7.3% | 7.3% | 8.9% | −30.6% | −30.6% | −14.1% | 2.2% | 7.8% | 5.3% | 3.5% | 3.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in Chinese yuan as reported in SOGP's financial statements (latest annual report filed April 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SOGP financial results
In fiscal year 2025 (ended December 31, 2025), Sound reported revenue of CN¥3.0 billion, up 48.5% from the year before. It had net income of CN¥220.3 million, a net profit margin of 7.3%. Over five years revenue grew at an average rate of 15.0% a year. Figures are in Chinese yuan, the currency of its financial statements.
See the SOGP stock overview for the latest quote and news, or the SOGP chart for price history and technical indicators.
SOGP income statement FAQ
What is Sound's annual revenue?
Sound reported total revenue of CN¥3.0 billion for fiscal year 2025, which ended on December 31, 2025. That was up 48.5% from CN¥2.0 billion the previous year.
Is Sound profitable?
Yes. Sound reported net income of CN¥220.3 million in fiscal 2025, a net profit margin of 7.3%; its operating margin was 7.0%.
What is Sound's gross margin?
Sound's gross margin was 29.2% in fiscal 2025: for every $100 of revenue, Sound kept $29 after the direct cost of its products and services.
How much does Sound spend on research and development?
Sound spent CN¥233.7 million on research and development in fiscal 2025, 7.7% of revenue.
How fast is Sound growing?
Revenue grew 15.0% a year on average over the last five fiscal years, from CN¥1.5 billion to CN¥3.0 billion.
When does Sound's fiscal year end?
Sound's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 30, 2026.